How are Players Strategizing to Accelerate their Growth in the Global Fogging Machines Market?
According to the latest Arizton's market research report, the global fogging machines market size to reach USD 10.43 billion by 2026, growing at a CAGR of 8.96% during the forecast period.
Global Fogging Machines Market Growth
The mature and developed regions such as North America and Europe are witnessing rapid growth in pest control services demand across all application sectors, which in turn, is driving the demand for foggers in the global market. The growth of the global fogging machines market is fueled by public healthcare reforms and the rapid expansion of private sector coupled with medical tourism. The use of efficient battery systems and battery technology will be a major factor influencing the purchase behavior of consumers with low product differentiation in the global fogging machines market. The increase in pest control awareness among residential and commercial customers is surging the growth opportunities for pest control solutions and equipment such as foggers across the globe.
What’s trending in the market?
- Latin America is expected to grow at a CAGR of 9.74% in the corded fogging machines segment.
- The cold fogging machines segment was valued at USD 2.42 billion in 2020 and is expected to grow at a CAGR of 9.35% during the forecast period.
- In recent years, the rental market is fast emerging as a trend in the fogging machines market due to the high prices of equipment and constantly changing safety, sanitization, emission, and operative regulations.
- Agriculture is estimated to generate huge demand for foggers owing to the inevitable and consistent pest control needs irrespective of the pandemic impact.
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Key Offerings:
- Market Size & Forecast by Revenue | 2020−2026
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Segmentation – A detailed analysis by type, power source, end-user, distribution, and geography
- Competitive Landscape – 5 Key Company Profiles and 25 Other Prominent Vendors
Global Fogging Machines Market – Geographical Analysis
North America accounted for the largest share in the fogging machines market share, approximately 28.72% in 2020. In the US, revenue from professional cleaning services grew by 3% over the last five years thereby, driving the fogging machines market across the region. The use of sustainable cleaning technologies is significantly rising in this region, which can promote the adoption of battery-powered foggers over conventional fuel and electricity variants. The demand for disinfection and fogging machines has gone up in recent years due to increased awareness about cleanliness and hygiene among the urban population of Canada.
Strategies Adopted by Players in the Global Fogging Machines Market
The global fogging machines market is highly fragmented with the presence of various local and international players. The competition is expected to intensify further during the forecast period with an increase in product/service extensions, innovations, and M&As in the global fogging machines market. Players are expected to develop innovative fogging technologies to remain abreast of the upcoming technologies to have a competitive advantage over their rivals. The benefit of extended sales service, customer support, warranty, and easy availability of replacement parts is surging the level of adoption during the forecast period. The competition among companies is intensifying, which will lead to the introduction of many innovative and advanced solutions in the market in the near future.
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